BOTJ
Bank of the James Financial Group, Inc.Financial Services·Banks - Regional
$22.93
$104M market cap
Revenue
$28.2M
Free Cash Flow
$5.0M
Rev Growth
+0.0%
FCF Margin
17.6%
P/FCF
21.0x
EV/FCF
17.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Bank of the James Financial Group, Inc. operates as the bank holding company for Bank of the James that provides general retail and commercial banking services to individuals, businesses, associations and organizations, and governmental authorities in Virginia, the Unites States. It offers checking, savings, individual retirement, and health care saving accounts, as well as other time deposits, including money market accounts and certificates of deposit. The company also offers loans to small- a
2-Year Price History
$22.75+122.4%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 11.9 | -0.3 | -0.5 | 2.8 | 4.7 | 4.4 | -0.4 | 25.1 | 8.7 | 4.5 | -5.5% | -0.1x | -- |
| Act | 2025-Q4 | 16.3 | 3.6 | 3.5 | 2.7 | 2.0 | 0.6 | -1.4 | 31.7 | 8.8 | 4.5 | 31.3% | 1.1x | -- |
Valuation & Metrics
Market Stats
Price$22.93
Market Cap$104M
Enterprise Value$88M
P/S Ratio3.7x
P/FCF21.0x
EV/FCF17.7x
FCF Margin (TTM)17.6%
FCF Yield4.8%
Dividend Yield (TTM)2.2%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$28.2M
Net Income$5.5M
Free Cash Flow$5.0M
Revenue Growth (YoY)+0.0%
EBITDA Margin12.0%
Net Margin19.5%
FCF Margin17.6%
CapEx % of Revenue6.2%
SBC % of Revenue0.0%
ROIC12.9%
WC Change % Rev-3.5%
Interest Coverage0.5x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.2
Change (vs Prior)+23.8%
Need at least 2 settlement dates for chart
Employees
Headcount162
Revenue / Employee$173,988
Gross Profit / Employee$131,673
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
21.4%(+10.8% YoY)
20 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
5.3%(+1.5% YoY)
6 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.0% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Fourthstone LLC | $7.9M | $14.59 | +$1.3M | +$4.3M | -1.8% | $590M |
| PETTYJOHN, WOOD & WHITE, INC | $4.6M | $10.38 | −$556K | −$675K | -0.2% | $628M |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $3.3M | $20.51 | +$3.3M | +$3.3M | — | $4.04T |
| Daytona Street Capital LLC | $3.2M | $18.41 | −$15K | +$3.2M | -1.8% | $124M |
| CAPTRUST FINANCIAL ADVISORS | $3.0M | $11.75 | +$111K | +$79K | -0.2% | $57.15B |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $747K | $11.61 | +$0 | +$21K | -2.3% | $4.93B |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $731K | $11.54 | −$107K | −$91K | +2.3% | $1.61T |
| DIMENSIONAL FUND ADVISORS LPPassive | $689K | $12.14 | +$15K | +$71K | -0.4% | $480.92B |
| Krilogy Financial LLC | $653K | $10.80 | −$41K | +$653K | +0.2% | $3.10B |
| VANGUARD FIDUCIARY TRUST COPassive | $532K | $20.51 | +$530K | +$532K | — | $395.83B |
| Empowered Funds, LLC | $479K | $10.01 | +$0 | +$21K | +0.2% | $15.64B |
| FIRST MANHATTAN CO | $460K | $9.61 | +$0 | +$0 | -0.2% | $36.06B |
| LPL Financial LLC | $295K | $18.41 | +$0 | +$295K | -0.2% | $372.65B |
| MontVue Capital Management, Inc. | $258K | $11.47 | −$10K | −$10K | +1.1% | $147M |
| RFG - Bristol Wealth Advisors, LLC | $234K | $15.35 | +$2K | +$6K | +0.7% | $363M |
| BlackRock, Inc.Passive | $222K | $13.62 | +$6K | +$7K | -0.2% | $5.69T |
| WELLS FARGO & COMPANY/MN | $131K | $12.28 | +$0 | +$0 | -0.2% | $497.71B |
| Atlantic Union Bankshares Corp | $124K | $15.37 | +$0 | +$124K | -0.1% | $5.20B |
| Vanguard Global Advisers, LLCPassive | $100K | $20.51 | +$99K | +$100K | — | $186.48B |
| MORGAN STANLEY | $83K | $13.32 | +$0 | +$50K | -0.3% | $1.65T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.97%
avg per quarter
Holders (ex-self)
-1.04%
excl. this stock
Buyers (this Q)
-1.49%
10 buyers · $0.01B in
Sellers (this Q)
-1.02%
7 sellers · $-0.00B out
alpha coverage: 86% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-3.0%
how holders react when this stock falls
On quiet Qs
-7.2%
−10% to +10% baseline
On rallies (+10%+)
+1.9%
how they react when this stock rises
Holders' portfolio flow this Q
+4.7%
inflows — adds are organic
Sellers' portfolio flow this Q
+9.4%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-7.5%
Holder mid (any stock)
-3.3%
Holder rally (any stock)
-0.8%
Biggest decreases this quarter
PETTYJOHN, WOOD & WHITE, INC−$556Kα-0.2GEODE CAPITAL MANAGEMENT, LLC−$107Kα+2.3ADVISOR GROUP HOLDINGS, INC.exited−$96KKrilogy Financial LLC−$41Kα+0.2Daytona Street Capital LLC−$15Kα-1.8MontVue Capital Management, Inc.−$10Kα+1.1Tower Research Capital LLC (TRC)−$4Kα-0.6CITIGROUP INCexited−$0UBS Group AG−$0α-0.3BANK OF AMERICA CORP /DE/exited−$0
New buyers this quarter
Top-5 holders · 79.2%
Fourthstone LLC--
PETTYJOHN, WOOD & WHITE, INC--
VANGUARD CAPITAL MANAGEMENT LLC--
Daytona Street Capital LLC--
CAPTRUST FINANCIAL ADVISORS--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Fourthstone LLC385KBASSWOOD CAPITAL MANAGEMENT, L.L.C.—PETTYJOHN, WOOD & WHITE, INC224KEidelman Virant Capital—BANC FUNDS CO LLC—Daytona Street Capital LLC157KCAPTRUST FINANCIAL ADVISORS147KMALTESE CAPITAL MANAGEMENT LLC—Inspire Investing, LLC—Krilogy Financial LLC29K
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$180K
17 txns · 7 insiders · 9,692 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-05-07 | BUY | ADDISON LEWIS C | director | 82 | $23.18 | $2K | $457K |
| 2026-05-07 | BUY | JAMERSON PHILLIP C | director | 1,000 | $23.40 | $23K | $426K |
| 2026-05-06 | BUY | BRYANT WILLIAM C III | director | 1,043 | $23.11 | $24K | $1.80M |
| 2026-02-20 | BUY | CHAPMAN ROBERT R | director, officer: President | 1,200 | $20.89 | $25K | $2.59M |
| 2026-02-19 | BUY | BRYANT WILLIAM C III | director | 600 | $20.82 | $12K | $1.60M |
| 2026-02-12 | BUY | BRYANT WILLIAM C III | director | 396 | $20.00 | $8K | $1.52M |
| 2026-02-10 | BUY | ADDISON LEWIS C | director | 93 | $20.50 | $2K | $403K |
| 2025-11-25 | BUY | JAMERSON PHILLIP C | director | 100 | $17.59 | $2K | $302K |
| 2025-11-24 | BUY | JAMERSON PHILLIP C | director | 1,014 | $16.65 | $17K | $285K |
| 2025-11-18 | BUY | JAMERSON PHILLIP C | director | 589 | $16.75 | $10K | $269K |
| 2025-11-17 | BUY | ADDISON LEWIS C | director | 113 | $16.75 | $2K | $327K |
| 2025-11-17 | BUY | BRYANT WILLIAM C III | director | 59 | $16.75 | $988 | $1.27M |
| 2025-08-25 | BUY | BRYANT WILLIAM C III | director | 2,525 | $15.43 | $39K | $1.17M |
| 2025-08-14 | BUY | SCRUGGS J TODD | director, officer: Secretary-Treasurer | 356 | $14.30 | $5K | $477K |
| 2025-08-13 | BUY | ADDISON LEWIS C | director | 134 | $14.00 | $2K | $272K |
| 2025-08-12 | BUY | UMBERGER HARRY P JR | officer: EVP - Chief Credit Officer | 138 | $13.88 | $2K | $28K |
| 2025-08-11 | BUY | SYREK MICHAEL A | officer: President - Bank of the James | 250 | $13.97 | $3K | $190K |
Order Flow (FINRA, ~3w lag)
43.0%retail+7.1pp
10.4%dark-2.2pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
BANK OF THE JAMES FINANCIAL GROUP, INC.: Routine Administrative Filing Lacks Material Red Flags but Offers Minimal Visibility
Overall Risk
3/10
Fraud
1/10
Dilution
1/10
Insolvency
2/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10